Connect with us

News

Again, Gov Yusuf transmits N24bn 2023 supplementary budget to Kano Assembly

For the second time within two months, Governor Abba Kabir Yusuf of Kano State has sent a second 2023 supplementary budget of N24 billion to the House of Assembly for deliberation and subsequent approval.

Daily Trust reported that the Governor had in September 2023 submitted a supplementary budget of over N58 billion to the state house of Assembly for approval.

His request was read at plenary in Kano on Tuesday by the Speaker, Alhaji Ismail Falgore.

It reads: “In pursuant to Section 122 (A) & (B) of the 1999 Constitution, I have the honour and privilege to submit to the honorable House the Kano State proposed 2023 second Supplementary Budget/Amendment bill for deliberations and subsequent approval.

“Honourable Speaker, 2023 second proposed Supplementary Budget/Amendments become necessary due to obvious reasons, amongst which are, expected receipts from FAAC in form of statutory revenue, VAT, ecological funds, E.M.T.L, Independent Power Projects (IPP) loan from CBN as well as increased IGR.

“Consequent upon above compelling needs, and fervent desire to accelerate the execution of some emergency priority projects in the state, thus, the 2023, second Supplementary Budget Amendment is anchored on the following areas.

“Personnel cost/settlement of gratuity N4 billion and Capital expenditure supplementary N20 billion.”

He said that with the supplementary budget of N58 billion and N24 billion the total budget size for 2023 now stands at N350 billion.

The house then unanimously agreed to commit the supplementary, amendment budget 2023 for legislative action while in the same vein the 2024 appropriation bill also scaled second reading at the House.

On the 27th October, 2023, the Governor had proposed a N350 billion appropriation bill for the 2024 fiscal year.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *